Who we are looking for:
Global Liquidity Management (GLM) is part of the Global Treasury organization with responsibility managing the firm's liquidity risk. A primary focus of GLM is to analyze, measure, and report on the liquidity position and liquidity risk profile in order to ensure that State Street and its international entities can meet all contractual and contingent financial obligations through typical market cycles as well as periods of stress. Through meaningful, timely, transparent, multidimensional and globally harmonized measures, GLM provides key stakeholders the necessary transparency and understanding of the liquidity position, its risks and how liquidity can be affected and influenced.
As part of GLM, the Assistant Vice President of Position Management and Analytics (PMA) will be responsible for analyzing, reporting and optimizing collateral management. This will be accomplished by understanding different
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monetization paths under business as usual as well as stressed scenarios and ensuring the appropriate governance is followed during decision making and planning.
Why this role is important to us:
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for:
As an Assistant Vice President of Position Management and Analytics you will:
- Assist in preparing and analyzing collateral allocation across FMU's and business units on a historical and forecasted basis
- Understand the monetization options for securities that are Held to Maturity
- Optimize collateral allocation across business units and FMU's, including ensuring sufficient collateral is pledged in order to facilitate access to intraday and end of day credit lines
- Present collateral position analytics to key stakeholders and committee
- Ensure that monetization options are identified, tested and documented in conjunction with the CIO team
What we value:
These skills will help you succeed in this role
- Extensive knowledge of liquidity regulations and requirements
- Familiarity with Microsoft Office and key reporting tools (i.e. Spotfire)
- Strong written, verbal communication and time management skills
- Ability to proactively identify and resolve issues by working with other areas within Global Treasury and business lines
Education & Preferred Qualifications:
- 5+ years of experience in treasury, strategy, consulting or related field
- Ability to multi-task, manage priorities, work independently while maintaining attention to detail and meet deadlines in a demanding and deadline-oriented environment
- Experience in preparing presentations for executive management and regulators
- Must be detail-oriented, well-organized, innovative, and a self-starter and team player with a high level of initiative
- Strong collaboration skills, working with business partners, risk functions, and corporate audit
Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range:
$80,000 - $132,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Job Application Disclosure:
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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